SKF India: Q1 FY27 Unaudited Results Show Profit Growth, Unmodified Audit Opinion

SKF India Limited has announced its unaudited financial results for the first quarter ended June 30, 2026. The company reported profit for the period from continuing operations of ₹618.4 million. The Statutory Auditors, M/s. Deloitte Haskins & Sells LLP, have issued an unmodified opinion on these results, confirming their accuracy and compliance with regulations. The results, both standalone and consolidated, were approved by the Board of Directors.

SKF India Announces Q1 FY27 Financial Results

SKF India Limited has officially released its unaudited financial results for the first quarter of the fiscal year 2027, which concluded on June 30, 2026. The Board of Directors, at their meeting held on August 12, 2026, considered and approved these results, along with the Limited Review Report from the Statutory Auditors.

Standalone Financial Performance

For the quarter ended June 30, 2026, the standalone figures show Revenue from operations at ₹5,877.9 million and a Profit before exceptional items and tax of ₹837.8 million. After accounting for income tax expenses, the Profit for the period from continuing operations stands at ₹618.4 million. The total comprehensive income for the period was ₹610.9 million.

Consolidated Financial Performance

On a consolidated basis, for the same quarter, Revenue from operations was ₹5,877.9 million. The Profit before exceptional items and tax was ₹837.8 million. The consolidated Profit for the period from continuing operations was ₹619.2 million, and the total comprehensive income was ₹611.7 million. The results also include the parent’s share of profit from associates.

Auditor’s Review and Unmodified Opinion

The financial results, both standalone and consolidated, have been reviewed by M/s. Deloitte Haskins & Sells LLP, Chartered Accountants. The auditors have issued an unmodified opinion, confirming that the results have been prepared in accordance with the relevant accounting standards and regulations, and do not contain any material misstatement. This independent assurance provides confidence in the reported financial position and performance of the company.

Key Financial Highlights (Standalone – Q1 FY27)

  • Revenue from operations: ₹5,877.9 million
  • Profit before exceptional items and tax: ₹837.8 million
  • Profit for the period from continuing operations: ₹618.4 million
  • Total comprehensive income: ₹610.9 million

Key Financial Highlights (Consolidated – Q1 FY27)

  • Revenue from operations: ₹5,877.9 million
  • Profit before exceptional items and tax: ₹837.8 million
  • Profit for the period from continuing operations: ₹619.2 million
  • Total comprehensive income: ₹611.7 million

Source: BSE

Previous Article

Jio Financial Services: Bank of America Invests Up to ₹18,268 Crore in Jio Credit

Next Article

VA TECH WABAG: Q1 FY27 Unaudited Financial Results Presentation